NextEra Energy Resources, one of North America’s biggest renewable energy owner operators, has revealed it has a solar project backlog of 800MW.
In third quarter results the company, a subsidiary of NextEra Energy, said it planned to bring 300MW of that capacity online by the end of 2013, with the remaining 500MW due to be built out by the end of 2016.
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts
Or get the full Premium subscription right away
Or continue reading this article for free
Earlier this year, the company bought the 250MW Silver State PV plant in Nevada from thin-film giant First Solar. This along with 40MW of other projects acquired by the company takes its total project portfolio to 1,100MW.
“At NextEra Energy Resources we placed into service an additional new contracted renewable project that strengthens our position as North America’s largest generator of renewable energy from the wind and sun,” said NextEra Energy president and CEO James L Robo.
NextEra Energy Resources achieved an operating revenue of US$1,281 million. Its adjusted earnings for the quarter were US$190 million, up from US$162 million in the same quarter last year.
